Nokia (NOK) Return on Capital Employed [ROCE] (2009 - 2022)
Nokia's Return on Capital Employed [ROCE] came in at 7.59% for the year ended Dec 31, 2025, up 0.58 percentage points from 7.01% a year earlier.
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Analysis
Nokia (NOK) Return on Capital Employed [ROCE] (2009 - 2022) Analysis & Trends
Going back to the year ended Dec 31, 2009, Nokia's Return on Capital Employed [ROCE] data covers 17 years.
- Return on Capital Employed [ROCE] carries a five-year change of +4.13 percentage points (years ended Dec 2020 to Dec 2025).
- The figure for the year ended Dec 31, 2025 represents the highest annual Return on Capital Employed [ROCE] since the year ended Dec 31, 2021.
- Per Business Quant, earlier years put Return on Capital Employed [ROCE] at 7.01% in the year ended Dec 31, 2024 (+1.22 pp), 5.79% in the year ended Dec 31, 2023 (-1.58 pp), 7.37% in the year ended Dec 31, 2022 (-1.13 pp) and 8.50% in the year ended Dec 31, 2021 (+5.03 pp).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Citigroup | 202.42 Bn | -2,097.46 Bn | 24.75 Bn | - |
| 2 | Bhp | 197.82 Bn | 141.00 Bn | - | - |
| 3 | Bank Of Nova Scotia | 114.82 Bn | -316.58 Bn | - | - |
| 4 | Nokia | 46.63 Bn | 46.63 Bn | 2.58 Bn | - |
| 5 | Haleon | 45.97 Bn | 39.68 Bn | - | - |
| 6 | Gold Fields | 30.93 Bn | 27.86 Bn | - | - |
| 7 | Smith & Nephew | 27.06 Bn | 24.45 Bn | - | - |
| 8 | Sprott Physical Gold Trust | 14.36 Bn | 14.22 Bn | - | - |
| 9 | Magnum Ice Cream | 11.66 Bn | 10.35 Bn | - | - |
| 10 | Sprott Physical Silver Trust | 10.66 Bn | 10.33 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2022 | 9.14% |
| Dec 31, 2021 | 8.04% |
| Mar 31, 2021 | 5.89% |
| Dec 31, 2020 | 4.61% |
| Sep 30, 2020 | 6.75% |
| Jun 30, 2020 | 6.78% |
| Mar 31, 2020 | 7.97% |
| Dec 31, 2019 | 9.69% |
| Sep 30, 2019 | 9.72% |
| Jun 30, 2019 | 9.57% |
| Mar 31, 2019 | 9.48% |
| Dec 31, 2018 | 9.19% |
| Sep 30, 2018 | 8.78% |
| Jun 30, 2018 | 8.64% |
| Mar 31, 2018 | 8.90% |
| Dec 31, 2017 | 8.89% |
| Sep 30, 2017 | 8.05% |
| Jun 30, 2017 | 7.77% |
| Mar 31, 2017 | 8.41% |
| Dec 31, 2016 | 3.82% |
API Access
Nokia Return on Capital Employed [ROCE] API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=return-on-capital-employed-%5Broce%5D&ticker=NOK&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "ticker": "NOK", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=return-on-capital-employed-%5Broce%5D&ticker=NOK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();